There are newer employer reviews for Overstock.com

5 people found this helpful  

A late phase startup struggling to be profitable. Lots of smart dedicated people with reasonable working hours.

  • Comp & Benefits
  • Work/Life Balance
  • Senior Management
  • Career Opportunities
Former Employee - Anonymous Employee  in  Salt Lake City, UT
Former Employee - Anonymous Employee in Salt Lake City, UT

I worked at Overstock.com

Pros

If you like to Ski, hike some of the best in the country is only 20-30 min from the office and they are in need of many Java developers and QA. You will not get overworked unless you want. The non management employees are all nice people and fun to work with. Most are highly skilled but underutilized. The pay for developers is fair for the middle of the country.

- Housing (renting) is very reasonable and very negotiable in SLC area.
- Great outdoor activities very close to work
- Traffic, what traffic?
- Easy to live 10-15 min from office
- Great Skiing, Hiking very close to everything.
- Everything is 30min away including Park City which is a very commutable distance.
- Other tech companies are moving into SLC such as Google, EBay, Goldman Sachs, Microsoft

Cons

The company sells its self as a mature company with lots of potential for growth and profitability yet Sr Management is unexperienced and behaves like an early stage startup. An example of this how often they re-organise which is about as often as the wind changes direction. You just might get moved out to SLC and find yourself re-orginized out of a job with no return ticket. The separation is two weeks pay + unused vacation.

- Don't sell you house if you are moving to SLC from afar, rent it.
- Once you start, forget what they told you during the interview process. They are not looking for any constructive criticism or input for improvement to their systems. Keep your head low, do you job as asked and no more.
- If you have not been there for 4-5+ years your an outsider. Remember this.
- Vacation time is 15 days but that includes your sick days. Don't get sick or go to work when your sick.
- 401k does not start for 6 months
- Do not make yourself known at the SVP level. If they don't like you or have a bad day, your gone quicker than a roll of the dice in Vegas. It does not matter how much value you have added in the past.
- Winter pollution inversions are just nasty. Worst air in the country for this entire week.
- If you have kids the public schools in UT (Other than Park City) are about as bad as they get. So you will have to look into one of the two high end public schools both of which are about $15k/year/child. The other private schools seem to only be a bit better than the public schools but nothing like the schools on either coast and are religiously oriented.
- The moving bonus requires you to stay for a year or pay it back.
- Most of the upper management have only worked at Overstock or perhaps one other company after getting out of school. They do not understand how the rest of the world operates have have a very ignorant view of it.
- Huge culture shock if you are not a member of the XXX Church.
- If you are a really smart creative person, you will not have the opportunity to express yourself here.
- If you need a job for a year it might be a place to work until the economy gets better.
- You might want to not accept any "moving bonus" which would give you the flexibility of leaving when you want.

Advice to ManagementAdvice

There are some very smart people working for you but they are not allowed to challenge the "old timers" without fear of reprisal. This comes from the top down. Several of your upper managers (business and technology) are not qualified to be leading at the level they are at. Promotion from within is a great idea but just because someone has been there for many years does not qualify them to lead. A mature company needs a mature management team which does not make emotional knee jerk decisions.
Have an outsider evaluate your Sr management team and help you determine if they are the proper people to run you business. The current team will/is failing you and will not allow you grow as you would like and need.

Doesn't Recommend
Approves of CEO

401 Other Employee Reviews for Overstock.com (View Most Recent)

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  1. 2 people found this helpful  

    Overstock Employee

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Anonymous Employee  in  Salt Lake City, UT
    Current Employee - Anonymous Employee in Salt Lake City, UT

    I have been working at Overstock.com

    Pros

    Good balance between work and life with a laid back environment. Middle Management is very competent and helpful. Most people are easy to work with and very knowledgeable.

    Cons

    Few opportunities to move up unless you are good friends with executives. A fear of speaking out against ideas that come from senior exectutives.

    Advice to ManagementAdvice

    No clear path for promotion opportunities.

    No opinion of CEO
  2.  

    Great Place to Work

    • Comp & Benefits
    • Work/Life Balance
    • Senior Management
    • Career Opportunities
    Current Employee - Information Technology  in  Salt Lake City, UT
    Current Employee - Information Technology in Salt Lake City, UT

    I have been working at Overstock.com

    Pros

    Flexible hours, the ability to work from home when sick or bad road conditions, great compensation and bonuses, paid training and certifications, cutting edge technology, longevity of employees, internal university for genernal business knowledge and skills.

    Cons

    The paid vacation is on the low end (2-3 weeks) and no sick days (even though some employees can work from home). That's about the worst I can say after working here for several years.

    Advice to ManagementAdvice

    Encourage more team building exercises, increase salaried vacation by a week, and allow us to work from home more often. (maybe once a week)

    Recommends
    Approves of CEO
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